XML 61 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
Financial Risk Management (Tables)
12 Months Ended
Dec. 31, 2017
Statement Line Items [Line Items]  
Disclosure of effect of changes in foreign exchange rates [text block]
All amounts Long / (Short) in thousands of U.S. dollars   As of December 31,
Currency Exposure / Functional currency   2017   2016
Argentine Peso / U.S. Dollar    
(64,482
)    
(60,204
)
Euro / U.S. Dollar    
(365,926
)    
(406,814
)
U.S. Dollar / Brazilian Real    
(183
)    
125,880
 
Disclosure of financial instruments by type of interest rate [text block]
    As of December 31,
    2017   2016
    Amount in thousands of U.S. dollars   %   Amount in thousands of U.S. dollars   %
Fixed rate (*)    
946,215
     
98
%    
820,600
     
98
%
Variable rate    
19,644
     
2
%    
19,636
     
2
%
Total    
965,859
     
 
     
840,236
     
 
 
Disclosure of detailed information about financial instruments at fair value by category and levels [text block]
        Measurement Categories   At Fair Value
December 31, 2017   Carrying Amount   Loans & Receivables   Held to Maturity   Available for sale   Fair value through profit and loss   Level 1   Level 2   Level 3
Assets                                
Cash and cash equivalents    
330,221
     
150,948
     
-
     
-
     
179,273
     
179,273
     
-
     
-
 
Cash at banks    
150,948
     
150,948
     
-
     
-
     
-
     
-
     
-
     
-
 
Liquidity funds    
66,033
     
-
     
-
     
-
     
66,033
     
66,033
     
-
     
-
 
Short – term investments    
113,240
     
-
     
-
     
-
     
113,240
     
113,240
     
-
     
-
 
Other investments    
1,192,306
     
-
     
220,838
     
-
     
971,468
     
459,476
     
511,992
     
-
 
Fixed income (time-deposit, zero coupon bonds, commercial papers)    
437,406
     
-
     
-
     
-
     
437,406
     
9,943
     
427,463
     
-
 
Certificates of deposits    
297,788
     
-
     
-
     
-
     
297,788
     
-
     
297,788
     
-
 
Commercial papers    
9,943
     
-
     
-
     
-
     
9,943
     
9,943
     
-
     
-
 
Other notes    
129,675
     
-
     
-
     
-
     
129,675
     
-
     
129,675
     
-
 
Bonds and other fixed income    
754,800
     
-
     
220,838
     
-
     
533,962
     
449,533
     
84,429
     
-
 
U.S. government securities    
130,477
     
-
     
-
     
-
     
130,477
     
130,477
     
-
     
-
 
Non - U.S. government securities    
161,063
     
-
     
36,283
     
-
     
124,780
     
124,780
     
-
     
-
 
Corporates securities    
378,831
     
-
     
184,555
     
-
     
194,276
     
194,276
     
-
     
-
 
Structured notes    
68,044
     
-
     
-
     
-
     
68,044
     
-
     
68,044
     
-
 
Mortgage and asset-backed securities    
16,385
     
-
     
-
     
-
     
16,385
     
-
     
16,385
     
-
 
Others    
100
     
-
     
-
     
-
     
100
     
-
     
100
     
-
 
Other Investments Non- current    
128,335
     
-
     
123,498
     
-
     
4,837
     
-
     
-
     
4,837
 
Bonds and other fixed income    
123,498
     
-
     
123,498
     
-
     
-
     
-
     
-
     
-
 
Other investments    
4,837
     
-
     
-
     
-
     
4,837
     
-
     
-
     
4,837
 
Trade receivables    
1,214,060
     
1,214,060
     
-
     
-
     
-
     
-
     
-
     
-
 
Receivables C and NC    
327,258
     
176,716
     
-
     
-
     
8,230
     
-
     
8,230
     
-
 
Foreign exchange derivatives contracts    
8,230
     
-
     
-
     
-
     
8,230
     
-
     
8,230
     
-
 
Other receivables    
176,716
     
176,716
     
-
     
-
     
-
     
-
     
-
     
-
 
Other receivables (non-financial)    
142,314
     
-
     
-
     
-
     
-
     
-
     
-
     
-
 
Available for sale assets  (*)    
21,572
     
-
     
-
     
21,572
     
-
     
-
     
-
     
21,572
 
Total    
 
     
1,541,724
     
344,336
     
21,572
     
1,163,808
     
638,749
     
520,222
     
26,409
 
Liabilities                                                                
Borrowings C and NC    
965,859
     
965,859
     
-
     
-
     
-
     
-
     
-
     
-
 
Trade payables    
750,739
     
750,739
     
-
     
-
     
-
     
-
     
-
     
-
 
Other liabilities    
197,504
     
-
     
-
     
-
     
39,799
     
-
     
39,799
     
-
 
Foreign exchange derivatives contracts    
39,799
     
-
     
-
     
-
     
39,799
     
-
     
39,799
     
-
 
Other liabilities (non-financial)    
157,705
     
-
     
-
     
-
     
-
     
-
     
-
     
-
 
Total    
 
     
1,716,598
     
-
     
-
     
39,799
     
-
     
39,799
     
-
 
        Measurement Categories   At Fair Value
December 31, 2016   Carrying Amount   Loans & Receivables   Held to Maturity   Available for sale   Fair value through profit and loss   Level 1   Level 2   Level 3
Assets                                
Cash and cash equivalents    
399,737
     
92,730
     
-
     
-
     
307,007
     
307,007
     
-
     
-
 
Cash at banks    
92,730
     
92,730
     
-
     
-
     
-
     
-
     
-
     
-
 
Liquidity funds    
215,807
     
-
     
-
     
-
     
215,807
     
215,807
     
-
     
-
 
Short – term investments    
91,200
     
-
     
-
     
-
     
91,200
     
91,200
     
-
     
-
 
Other investments Current    
1,633,142
     
-
     
246,031
     
-
     
1,387,111
     
607,866
     
779,245
     
-
 
Fixed income (time-deposit, zero cupon bonds, commercial papers)    
782,029
     
-
     
-
     
-
     
782,029
     
76,260
     
705,769
     
-
 
Non - U.S. sovereign bills    
41,370
     
-
     
-
     
-
     
41,370
     
41,370
     
-
     
-
 
Certificates of deposits    
525,068
     
-
     
-
     
-
     
525,068
     
-
     
525,068
     
-
 
Commercial papers    
34,890
     
-
     
-
     
-
     
34,890
     
34,890
     
-
     
-
 
Other notes    
180,701
     
-
     
-
     
-
     
180,701
     
-
     
180,701
     
-
 
Bonds and other fixed income    
841,638
     
-
     
246,031
     
-
     
595,607
     
522,131
     
73,476
     
-
 
U.S. government securities    
216,732
     
-
     
-
     
-
     
216,732
     
216,732
     
-
     
-
 
Non - U.S. government securities    
88,805
     
-
     
32,644
     
-
     
56,161
     
56,161
     
-
     
-
 
Corporates securities    
462,625
     
-
     
213,387
     
-
     
249,238
     
249,238
     
-
     
-
 
Mortgage and asset-backed securities    
73,476
     
-
     
-
     
-
     
73,476
     
-
     
73,476
     
-
 
Fund investments    
9,475
     
-
     
-
     
-
     
9,475
     
9,475
     
-
     
-
 
Other Investments Non- current    
249,719
     
-
     
248,049
     
-
     
1,670
     
-
     
-
     
1,670
 
Bonds and other fixed income    
248,049
     
-
     
248,049
     
-
     
-
     
-
     
-
     
-
 
Other investments    
1,670
     
-
     
-
     
-
     
1,670
     
-
     
-
     
1,670
 
Trade receivables    
954,685
     
954,685
     
-
     
-
     
-
     
-
     
-
     
-
 
Receivables C and NC    
321,718
     
176,990
     
-
     
-
     
2,759
     
-
     
2,759
     
-
 
Foreign exchange derivatives contracts    
2,759
     
-
     
-
     
-
     
2,759
     
-
     
2,759
     
-
 
Other receivables    
176,990
     
176,990
     
-
     
-
     
-
     
-
     
-
     
-
 
Other receivables (non-financial)    
141,969
     
-
     
-
     
-
     
-
     
-
     
-
     
-
 
Available for sale assets  (*)    
21,572
     
-
     
-
     
21,572
     
-
     
-
     
-
     
21,572
 
Total    
 
     
1,224,405
     
494,080
     
21,572
     
1,698,547
     
914,873
     
782,004
     
23,242
 
Liabilities                                                                
Borrowings C and NC    
840,236
     
840,236
     
-
     
-
     
-
     
-
     
-
     
-
 
Trade payables    
556,834
     
556,834
     
-
     
-
     
-
     
-
     
-
     
-
 
Other liabilities    
183,887
     
-
     
-
     
-
     
42,635
     
-
     
42,635
     
-
 
Foreign exchange derivatives contracts    
42,635
     
-
     
-
     
-
     
42,635
     
-
     
42,635
     
-
 
Other liabilities (non-financial)    
141,252
     
-
     
-
     
-
     
-
     
-
     
-
     
-
 
Total    
 
     
1,397,070
     
-
     
-
     
42,635
     
-
     
42,635
     
-
 
Disclosure of fair value measurement of assets [text block]
    Year ended December 31,  
    2017     2016  
    Assets / Liabilities  
At the beginning of the year    
23,242
     
23,234
 
Acquisition    
3,681
     
-
 
Decrease due to write down    
(564
)    
-
 
Currency translation adjustment and others    
50
     
8
 
At the end of the year    
26,409
     
23,242